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Salesforce call volume above normal and directionally bullish

Bullish option flow detected in Salesforce with 12,154 calls trading, 1.1x expected, and implied vol increasing over 1 point to 42.47%. Aug-24 265 calls and Dec-26 260 calls are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.40. Earnings are expected on August 28th.

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